Topic: SWAT 2.0 - Pre-Sale Token to Mining Enabled ERC20 Asset - page 11. (Read 3570 times)

5 000 000

How much Old SWAT did you buy on Yobit?

Toт фaкт чтo вы лиcтитe cвoю мoнeтy нa биpжy и зaтeм бpocaeтe ee нa этoй биpжe бeз пoддepжки, тeм caмым бpocaя cвoиx инвecтopoв, coвceм нe кpacит вac и o мнoгoм гoвopит. Пoдчepкивaю, тo чтo вы зaбpocили cвoи мoнeты нa биpжe YOBIT, нe дeлaeт вac пopядoчными игpoкaми нa pынкe. Ecли вы oдин paз зaбpocили cвoю мoнeтy и cвoиx инвecтopoв, тo жe caмoe пoвтopитcя и вo втopoй paз. Ha ceгoдняшний дeнь я нe знaю ни oднoгo пpoeктa кoтopый бы зaбpocил xoтя бы paз cвoю мoнeтy xoть нa кaкoй биpжe и пocлe этoгo cтaл ycпeшным, вce пoдoбныe пpoeкты, кoтopыe пocтyпaли пoдoбным oбpaзoм cкaмилиcь. Taк чтo ecли вы xoтитe чтoбы нoвыe инвecтopы пoвepили вaм, иcпpaвьтe для нaчaлa cвoи oшибки и oбнoвитe SWAT нa биpжe YOBIT, в пpoтивнoм cлyчae вaши блa, блa, блa o нoвoм  и блa блa блa o paзвитии ничeгo нe cтoят!!! И  нe нaдo вaлить нa биpжy YOBIT cвoи нeдopaбoтки и нe жeлaниe дoгoвapивaтьcя, этo вaш пpoeкт, этo вaши мoнeты, вы иx пpoдaeтe зa peaльныe дeньги, тaк пoзaбoтьтecь o нaдeжнocти  и кaчecтвe cвoeгo пpoдyктa. Этo вы нeceтe oтвeтcтвeннocть зa вce пpoиcxoдящee c вaшим пpoeктoм, тaк извoльтe cвoeвpeмeннo peшaть вce вoзникaющиe пpoблeмы нa пyти paзвития нe пepeклaдывaя этo нa дpyгиx.

From Slack and Telegram:

*There are 4 or 5 routes to reach the target price of 0.01 USD for SWAT by the end of the year..*
1. In the next few months, Sell 4000 SWATMINER APPs and Pocket Miners put together. Benjamin has projected a sales of 1000 Pocket Miners in Nigeria and Ehsan has made a projection of 1000 SWATMINER APPs in Iran in the next few months. I am estimating a sales of 2000 SWATMINER APPs/Pocket Miners in the next few months in India.. 110 USD is the price of SWATMINER APP. Which is also the gross revenue component of the Pocket Miner sales proceeds. In this 66 USD goes towards the server maintenance fees, ETH spent as Gas fees for mining transfers, subscription cost to be paid to exchanges for avoidance of delisting, promotions, new development costs, etc. That leaves us with 44 USD per sale for buy back.. which is 176000 USD or roughly 30.8 BTC.. Today those who are mining are selling 6800 to 8800 SWAT for approximately 1 to 1.5 USD.. Which means we can buy 176000 x 7800 = 1,372,800,000 SWAT.. which is almost equal to the max supply of SWAT! Just imagine to what price we can take SWAT to with this kind of buying power.. When we buy it is only natural that other investors who are not interested in mining but are interested only in trading and long-term investing also will buy seeing the price increase in SWAT. Normally this will be 5 or 6 times more than what th project will buy.. Since we are on big exchanges there are many who are watching our project with cautious interest from the sidelines.. The moment investors see the price rise from the 5 SAT level to the 15 or 20 SAT level they will come into our project.. Likewise there will be entry made by different investors at different levels depending upon their risk reward perspective. When this happens we will not just reach 0.01 USD but we will overshoot that target comfortably..
2. We are in the process of raising capital for MYFIE through a proposed ICO.. I have approached two exchanges right now for this.. One is Cobinhood who have mentioned that they will take the payment for running our ICO as MYFIE tokens if they are convinced about our project. The other is p2pb2b who have asked for a fee of 4 BTC plus 5% of funds raised for running our MYFIE ICO. I have sent a proposal to both these exchanges for raising 2.8 million dollars as hardcap and on successful completion of the ICO a fee of 10% of the amount collected to be paid to the exchanges without any upfront payments. p2pb2b have already responded saying they will read through the proposal and consider it. Softcap for the ICO is 560000 USD. I have already mentioned that I will work out a way to link SWAT Project wit the MYFIE project.. With this kind of money the combined power of earnings of the SWAT Project and MYFIE project will be tremendous and SWAT price will reach moe than the target we are talking about.
3. We are in touch with Venture Capital investment firms such as https://www.panteracapital.com/about, http://finshi.capital/, etc to raise funds for our projects SWAT and MYFIE and for the parent company PM Corp.
4. Once the mining population reaches optimal levels revenue from ad network and content delivery will pick up. This additional revenue will ensure additional returns to investors and help in taking SWAT Price up further.

SWAT Coin, [08.05.19 22:46]
5. It is not ideal for us to reveal the entire blueprint of the operations of our project in the open and lose out to some one with more financial resources than us who can easily copy or steal an excellent idea like MYFIE and start something similar before we are able to execute it. Just In case, in the almost impossible condition that all the above ideas not coming out successful you can rest assured in the next few months I wiill work hard and think of something new and come out with 10 more new ideas and pursue those with more enthisiasm than ever.. Trying hard means trying without ever giving up till the time we succeed! That is the kind of effort that is always going on in the background as far as SWAT Coin Project is concerned.. And it will remain the same way for the next 20 years and more going forward!

Alexsolru, We are still in touch with Yobit support to do the update of the contract but with a exchange ratio of 1:3 SWAT for the new versus old. There was more than 200 million SWAT exchanged correctly by the investors who bought SWAT in March 2018, 6 months before we got listed on Yobit.. How were they able to do the exchange correctly? We can only announce repeatedly on all our channels about the exchange dates and investors have to read and understand these processes to safeguard their investments. Now after so many days you have come here and posted on our thread.. If you had done the same thing during the time we announced the exchange and the information about the upgrade of our contract, you to would have exchanged it at the right time.. If you read the Etherscan old contract page which is still available on Yobit in the Coinsifo page before buying the old SWAT on Yobit, you would have seen that even Etherscan has mentioned that we have shifted to the new contract address..https://etherscan.io/token/0xe9a9d1101204b51e8620a28e471f44bb8775e50d.. This is because we had sent all the information to Etherscan and updated before shifting to new contract address.

It is important that you do some reading and research and post your queries on the different channels before you buy any coin.. We consider investors on Yobit or any other exchange as our investors and we do not want anyone to suffer.. We are still hopeful we can find an amicable solution with Yobit and get the contract updated.. Thanks for interest and investment in SWAT.. We consider all our investors as a part of our SWAT Coin community..it does not matter if the investment is small or big.. Everyone is important to us.. We will keep working hard to resolve this and any other issue till it is resolved.. That is our commitment to the project..

Note: Even now my response to you above has been posted on all our channels, twitter, slack, telegram, reddit, etc.!

Зaчeм вы тaк нaглo вpeтe, я личнo кyпил вaш кoин нa биpжe YOBIT бoлee пoлy гoдa нaзaд, o кaкиx пиcьмax вы гoвopитe? Чтo зa бpeд? Я дeлaл зaпpoc в aдминиcтpaцию биpжи YOBIT  c пpocьбoй пoяcнить пoчeмy нe oбнoвляeтcя SWAT дocлoвный oтвeт - Зaпpocoв нa oбнoвлeниe нe былo. И тeпepь пoлyчaeтcя чтo вce ктo кyпил SWAT  нa биpжe YOBIT пoтepяли cвoи дeньги пo вaшeй винe!!! Этo и ecть MOШEHHИЧECTBO!!! http://priscree.ru/img/e3140916e44916.png  вoт вaм cкpин пoдтвepждeниe oтвeтa oт aдминиcтpaции биpжи YOBIT. Toчнo тaкoй жe oтвeт и в oфициaльнoй гpyппe в тeлeгpaмм.

Увaжaeмый Alexsolru вce инвecтopы в Юбит были yвeдoмлeны o cмeнe кoнтpaктa. Были yкaзaны cpoки. Были oтпpaвлeны пиcьмa и пpocьбы в oтдeл paзpaбoтoк Юбит нa измeнeниe кoнтpaктa. К глyбoкoмy coжaлeнию Юбит пoкa кoнтpaкт нe пoмeнял. Mы ждeм oт Юбит oтвeтcтвeннoгo oтнoшeния к пpoeктy CBAT и к cвoим пoльзoвaтeлям. Mы бyдeм пepиoдичecки нaпoминaть, и oтпpaвлять cooбщeния в Юбит для измeнeния кoнтpaктa. Бyдeм нaдeтьcя, чтo Юбит oтpeaгиpyeт. Ecли вы xoтитe пepeбpecти тoкeны вы мoжeтe этo cдeлaть нa тpex биpжax P2PB2B, FATBTC, ETHERFLYER.

Dear Alexsolru all investors in Yobit were notified of a contract change. The dates were indicated. Letters and requests were sent to the development department Yobit to change the contract. Unfortunately, Yobit has not changed the contract yet. We expect from Yobit responsible attitude to the project SWAT and to its users. We will periodically remind and send messages to Yobit to change the contract. We hope that Yobit will respond. If you want to re-invent tokens, you can do this on three exchanges P2PB2B, FATBTC, ETHERFLYER.

Hello, you paint as y you are all good and that you are developing, but you THREW all the investors on the exchange YOBIT leaving there the old coin and not updating ee, in other words deliberately scraped. THIS is a SCAM on your part, you sold your coins to investors who believed in your project and then threw all!!!! Collected money and all that now investors to make your faticoni Than your updated koin is different from the old??? You go according to the old scheme, you want to collect again c investors more money and again to throw all!!! You CHEATERS and your project is SCAM!!! SCAM!!! SCAM!!! Before you do something new, sort out the old.

Здpaвcтвyйтe, вы pacпиcывaeтe кaк y вac вce xopoшo и чтo вы paзвивaeтecь, нo пpи этoм вы КИHУЛИ вcex инвecтopoв нa биpжe YOBIT ocтaвив тaм cтapyю мoнeтy и нe oбнoвляя ee, дpyгими cлoвaми нaмepeннo cocкaмили. ЭTO MOШEHHИЧECTBO c вaшeй cтopoны, вы пpoдaли cвoи мoнeты инвecтopaм кoтopыe пoвepили в вaш пpoeкт и пocлe этoгo вcex кинyли!!!! Coбpaли дeньги и вce, чтo тeпepь инвecтopaм дeлaть c вaшим фaнтикoм Чeм вaш oбнoвлeнный кoин oтличaeтcя oт cтapoгo??? Идeтe пo cтapoй cxeмe, xoтитe cнoвa coбpaть c инвecтopoв пoбoльшe дeнeг и cнoвa вcex кинyть!!! Bы MOШEHHИКИ и вaш пpoeкт CКAM!!! CКAM!!! CКAM!!! Пpeждe чeм дeлaть чтo тo нoвoe, paзбepитecь co cтapым.

Project Update: With some policy and regulation changes related to block chain projects expected here, most probably in the next month, I am planning to focus my attention on promoting our SWATMINER APP and Pocket Miners among two important sections of the target audience. One is the Student Community, specifically those who have completed their education recently and are looking to start their careers and the the other the very important segment of Housewives and Self Help Women's Groups.. These two groups form a very important chunk of our target market. Due to the present policy guidelines it is literally impossible for individuals in theses two segments to sell the mined SWAT and convert it to local currency. Till we wait for the regulations to change we plan to help these individuals who are willing to buy SWATMINER APPs and Pocket Miners in the selling and conversion process. I have already spoken to representatives of these two groups and through them I am planning to promote SWATMINER APPs and Pocket Miners to these two groups. I will be travelling to meet the representatives of these two groups starting tomorrow. Over the next two months will continue to focus on these efforts. I am expecting good results from this initiative of ours in combination with the expected policy changes..

The second aspect is related to our future plan of having a Pocket Miner assembly center in every big market for Pocket Miners in the future.. I have mentioned this to several of our D & M members during my individual discussions with them.. As a first step towards this I am planning to start with a first trial remote installation in Nigeria for a Pocket Miner SE delivery to one of our customers to whom Benjamin (@SWATComfortZone) has sold a PM SE. I was expecting to get the delivery of the 5 Pocket Miners to be delivered to @SWATComfortZone from the OEM suppliers during this weekend and do the installation of the APP, authorize the IMEI numbers, do the necessary tests after adjustment of settings and complete the shipment. But due to some logistics delays I have not been able to complete the shipment this weekend. I am yet to receive the Pocket Miners. In order to reduce the shipment time and cost I am planning to ship one Pocket Miner SE directly from our OEM supplier from his warehouse in Hong Kong to Nigeria directly.. My idea is to have Benjamin himself receiving the New Tablet from the OEM supplier and do the installation of the APP, do the necessary tests after adjustment of settings and complete the shipment to the Customer in Nigeria.. All these are normally done by me here in India.. but by doing this in Nigeria we can save a lot of time and cost.. I will just do the authorization in India.. I haven't discussed this with @SWATComfortZone yet. For the kind of efforts he has been putting in I think he deserves the first future assembly unit outside India.. Will post more details about this soon.. Without doubt if we did not have the logistics problem of shiiping Pocket Minerss from our OEM suppliers to Iran, we would have had a similar arrangement at Iran through @antarmontar! But he is doing extremely well with SWATMINER APPs already.. So it is ideal to continue with the same as of now!

Weekend Update:

The excellent run of sales in Iran by @antarmontar continues into the weekend! Today 2 more SWATMINER APPs have been sold by Ehsan to his friends through our installment scheme. The payment for the apps will be completed in the next few days! Great work Ehsan! I appreciate your excellent contribution to our project...

The excellent run of sales in Iran by @antarmontar continues.. 3 more SWATMINER APPs sold by Ehsan to his friends through our installment scheme. The payment for the apps will be completed in the next few days! Great work Ehsan! This is very good work by you. I appreciate the excellent job that you have been doing in promoting our project and our mining process among your friends. Well done!

Across the world 1st of May is celebrated as a mark of respect for the working class in various parts of the world. Though due to political and ideological  differences in some countries, May Day is not celebrated. Today is also a day for Hope and Universal Peace as per a particular declaration! On behalf of the SWAT Coin Project, on this day, let us pledge our commitment to bring Universal Peace and better working and living conditions for everyone, including the working class of people whereever they are in the world!

*Happy May Day Everyone!*

On this May Day we have got one more sale of our SWATMINER APP. Thanks to @antarmontar our D & M member from Iran.. Great start to the month! Hope we sell many more SWATMINER APPs and Pocket Miners this month. I appreciate your continued good work Ehsan!

Check this poster by Yuriy and Catherine representing our listing on CMC.IO which provides information about the most recent market data, the current market capitalization, exchanges, blockchain news, ICOs and actual rates..

KrypticKev, Thanks for your appreciation! It is the duty of every developer to answer the queries of investors, community members and potential investors which is precisely what I try my best to do every time there is a query.

I have said since day 1, every explanation has a purpose and value. I get intrigued with your explanation and the passion that you extend. Your expertise is put into words that even the common man can understand and I think that also brings value to project because you will explain anything to anyone that asks you a question. We all thank you.

Answer to both your queries above:

Bitcoin mining is plagued by the problem of expensive mining equipment such as Bitmain's Antminers using unacceptably high levels of electricity. And these miners are profitable only if these mining equipment manufacturers and the mining cartels are able to keep BTC prices above 10 K USD by purchasing BTC in the market and by pushing up BTC prices steadily to attract more buyers for these unrealistically high energy consuming expensive mining equipment. that is the reason we saw so many mining groups dumping the S7 and S9 Antminers as junk recently.

https://www.ibtimes.com/crypto-mining-machines-sold-junk-china-amid-bitcoin-price-crash-2735167

https://www.ccn.com/bitcoin-miners-are-selling-old-asics-for-scrap-metal-as-price-decline-hastens-obsolescence

Add to this the mining war between the mining groups moving away to both the forks of BCH (ABC and SV).. Bifinex exchange which has a vested interest in keeping BTC prices high since it was the exchange which was behind the introduction of Tether (USDT) which is supposedly backed by Real USD reserves.. and now it has been found that it is not! http://fortune.com/2019/04/25/bitfinex-tether-bitcoin/

With such unsavory activities going on in the world of crypto currencies which involves the biggest names in the business which keeps the entire crypto currency spectrum on a shaky foundation thereby creating increasing cynicism and skepticism, we need a block chain project to bring back the trust and faith to the world of crypto currencies, in particular make block chain technology acceptable and accessible to the common man! This is what we are trying to achieve with the SWAT Coin project in spite of our modest size and limited financial resources.

Block chain projects are supposed to be transparent with the open ledger system in which the rich and powerful will not be able to collude and manipulate data to help only the rich and powerful and leave the gullible common man in the lurch.. But by reading the above articles we can see that the exact opposite of what was aimed to be achieved in the first place happening with all these suspicious and manipulative activities going on in the background.

Do we need CPU to mine SWAT?  Silly question.. It is like asking do we need a CPU to run an android phone! Of course we do! How much is the question. Using the Electroneum Android APP one can mine approximately 100 ETN in a month or two.. Meaning you can earn 1 or 2 USD in a month.. ETN started our initially to put some money in the hands of the common man with this Android mining process. But eventually went the BTC way! We at the SWAT Coin Project want block chain technology and the benefits of it to be available to the common man always! When people can accept and understand POW (proof of work) mining in which the hardware manufacturers and mining cartels buy back the coin in question to retain profitability of the purchased mining equipment to bring in additional sales and POS (proof of stake) mining which is nothing but paying interest on your deposit, I can't see the difficulty in understanding the mining process of SWAT..

We need a simple yet powerful technology to overcome the shortfalls of the above mentioned pitfalls of the existing POW and POS mining process and algorithms which use some technical jargon to confuse and keep the unsuspecting common man at bay! We have attempted to create a project with a simple and lean mining process.. We keep evolving every day and try to create an advantage to the common man and not to the rich and mighty! That is the main advantage of our Lean Mining  Technology. Our mining process uses very less CPU, Very less RAM,  Very less Battery and Very less Data. Of course this is what the Cryptonote Algorithm started out initially to achieve with its Egalitarian proof of work pricing function..
          (The proof of work mechanism is actually a voting system. Users vote for the right order of the transactions, for enabling new features in the protocol and for the honest money supply distribution. Therefore, it is important that during the voting process all participant have equal voting rights. CryptoNote brings the equality with an egalitarian proof-of-work pricing function, which is perfectly suitable for ordinary PCs. It utilizes built-in CPU instructions, which are very hard and too expensive to implement in special purpose devices or fast memory-on-chip devices with low latency.

We propose a new memory-bound algorithm for the proof-of-work pricing function. It relies on random access to a slow memory and emphasizes latency dependence. As opposed to scrypt, every new block (64 bytes in length) depends on all the previous blocks. As a result a hypothetical "memory-saver" should increase his calculation speed exponentially.

Our algorithm requires about 2 Mb per instance for the following reasons:

1. It fits in the L3 cache (per core) of modern processors, which should become mainstream in a few years;

2. A megabyte of internal memory is an almost unacceptable size for a modern ASIC pipeline;

3. GPUs may run hundreds of concurrent instances, but they are limited in other ways: GDDR5 memory is slower than the CPU L3 cache and remarkable for its bandwidth, not random access speed.

4. Significant expansion of the scratchpad would require an increase in iterations, which in turn implies an overall time increase. "Heavy" calls in a trust-less p2p network may lead to serious vulnerabilities, because nodes are obliged to check every new block's proof-of-work. If a node spends a considerable amount of time on each hash evaluation, it can be easily DDoSed by a flood of fake objects with arbitrary work data (nonce values).

One of the proof-of-work algorithms that is in line with our propositions is CryptoNight, created by Bytecoin developers in a cooperation with our team. It is designed to make CPU and GPU mining roughly equally efficient and restrict ASIC mining.)

But ETN and Bytecoin etc., which are dependent on the above mentioned Cryptonote technology and function have failed to solve these issues and problems.


Our aim is to overcome these issues and make the mining process as accessible and affordable as possible to everyone. Bitcoin mining can be done only by rich people. ETH mining process is ASIC resistant and is GPU compliant. Our Mining process is Android compliant. We can make it IOS compliant too.. But IOS is for rich people since IOS devices are exorbitantly expensive! Of course we too need CPU, RAM, Battery and Data for mining. Today the entire cryptography currency domain is suffering because of expensive mining equipment and process using huge amount of electricity. With our process we have overcome all this and most of the issues discussed above and we continue to keep evolving over time. This is the strength of our SWAT Coin Project! We are proud of it!  

Just to remind our investors.. the SWATMINER APP is available on Google Play Store

https://play.google.com/store/apps/details?id=com.swatminer

and on our own site:



https://www.swatminer.app/

Good news again from Iran! One more SWATMINER APP sale to his friend by @antarmontar our D & M member. Well done @antarmontar for your continued good work and excellent efforts!

antarmontar, Thank you for your response! I appreciate it!